Moog announces investment in Linear Mold and Engineering
Moog Inc., a global precision control components and systems manufacturer headquartered in East Aurora, New York, USA, has announced an investment in Additive Manufacturing with the acquisition of 70% ownership of Linear Mold and Engineering. Terms of the investment were not disclosed, but the company has an option to acquire the remaining 30%.
Linear Mold and Engineering, based in Livonia, Michigan, USA, has 120 employees and specialises in metal Additive Manufacturing. Linear provides engineering, manufacturing and production consulting services to customers across a wide range of industries including aerospace, defence, energy and industrial. Sales for the 12 months ended September 2015 were approximately $21 million.
The company was founded by John Tenbusch in 2003 as a service-focused business and began developing specialised moulds and tooling for plastic forming applications. As one of the early adopters of metal Additive Manufacturing in North America, the company was able to exploit the advantages it offered for enhanced product feature sets, rapid design cycles and high customisation.
“We are excited to welcome Linear to Moog,” stated Sean Gartland, Vice President of Strategic Growth Initiatives at Moog. “We see significant potential for metal additive solutions in our core markets – aerospace, defence and industrial applications – in addition to the markets and customers that Linear is already serving.”
Moog’s high-performance systems control military and commercial aircraft, satellites and space vehicles, launch vehicles, missiles, automated industrial machinery, wind turbines, marine and medical equipment.
